Clearlake Capital Group

233 Wilshire Blvd
Santa Monica, CA 90401

Website: clearlake.com

Firm Size

• Assets Under Management (AUM):$51.3 Billion
• Number of Funds:81
• Employees:114
• Firm Type:Private Equity
• Focus Areas: Software & Technology
  Services
  Consumer
  Energy
  

Description

Clearlake Capital Group, L.P. is a private investment firm located in Santa Monica, California. The firm primarily focuses on investing in promising companies across various industries, such as technology, industrials, energy, and consumer services. Clearlake specializes in providing capital for both complex and straightforward transactions, including buyouts, recapitalizations, and growth equity investments. With a team of experienced professionals, Clearlake seeks to partner with management teams and help businesses achieve their full potential. The firm believes in taking a flexible and hands-on approach to its investments, providing strategic and operational support to drive growth and improve operational efficiency. Clearlake has a track record of successful investments and has managed over $25 billion of institutional capital since its inception in 2006. The firm's portfolio consists of a diverse range of companies, including small and medium-sized businesses as well as larger organizations. Clearlake's investments are often characterized by its focus on transformational opportunities and value creation. Overall, Clearlake Capital Group, L.P. is a prominent investment firm located in Santa Monica, California, known for its expertise in identifying and unlocking value in various industries through strategic and operational support.

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Jun 05, 2024: Clearlake Capital-Backed Discovery Education Appoints Brian Shaw as Chief Executive Officer
  Discovery Education  (or the "Company"), a global education technology company backed by Clearlake Capital Group, L.P. (together with its affiliates, " Clearlake "), today announced the appointment of Brian Shaw as Chief Executive Officer (CEO).   

May 29, 2024: BetaNXT Names WealthTech Veteran Robert Santella as CEO in Planned Transition
  BetaNXT , a provider of wealth management infrastructure solutions with real-time data capabilities and an enhanced advisor experience, announced today that, as part of the company's planned leadership transition, Robert Santella will become Chief Executive Officer effective July 1, 2024 . He will take over from Stephen C. Daffron , who will remain involved with the firm as Executive Chairman. BetaNXT is backed by Clearlake Capital Group, L.P. (" Clearlake ") and Motive Partners.

May 15, 2024: Learning Management System Market size is set to grow by USD 44978.02 mn from 2023-2027, adoption of ngdle in the academic sector to boost the market growth, Technavio
The global   learning management system market size is estimated to grow by USD 44978.02 mn from 2023-2027, according to Technavio. The market is estimated to grow at a CAGR of 20.85% during the forecast period.

May 06, 2024: Synopsys Enters Definitive Agreement to Sell its Software Integrity Business to Clearlake Capital and Francisco Partners
Synopsys, Inc.  (NASDAQ: SNPS ) today announced it has entered into a definitive agreement with Clearlake Capital Group, L.P. (" Clearlake ") and Francisco Partners, two global private equity firms, for the sale of its Software Integrity Group business in a transaction with a total value of up to $2.1 billion , including up to $475 million in cash payable upon Francisco Partners and Clearlake achieving a specified rate of return in connection with one or more liquidity transactions. Upon completion of the transaction, the business will emerge as a newly independent application security testing software provider.

Apr 15, 2024: Blackbaud to Review Unsolicited Proposal from Clearlake Capital Group
Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today confirmed that it has received an unsolicited, non-binding proposal from Clearlake Capital Group, L.P., a current stockholder of the Company, to acquire all of the outstanding shares of Blackbaud for $80.00 per share in cash.

Mar 19, 2024: Clearlake Capital Group and Insight Partners Complete Acquisition of Alteryx
Clearlake Capital Group, L.P. (" Clearlake ") and Insight Partners L.P. ("Insight") today announced that their affiliated funds have completed the acquisition of Alteryx, Inc., a leader in artificial intelligence (AI) for enterprise analytics. The transaction was previously announced on December 18, 2023 and approved by Alteryx stockholders on March 13, 2024 .

Feb 27, 2024: Confluence former executive joins fintech Premialab
Premialab, the financial data and analytics firm, announced today the appointment of James Carrington as Head of Client Engagement. Mr. Carrington, based in London , will spearhead global client engagement, leveraging over 10 years of experience in driving client engagement gained at Investment Metrics, Style Analytics, and most recently at Confluence, part of the Clearlake Capital Group portfolio. His primary focus will be on enabling faster tailor-made investment analytics delivery and data integration for Premialab's pension funds, foundations, endowments, and insurance clients.

Feb 15, 2024: Siris Closes Sale of its 50% Ownership Stake in Constant Contact
Siris Capital Group (together with its affiliates, "Siris"), a leading private equity firm focused on investing and driving value creation in technology companies, today announced the closing of Siris' sale of its 50% ownership stake in Constant Contact. Clearlake Capital Group and other investors have increased their ownership as a result of this transaction.

Feb 14, 2024: Perforce to Acquire Delphix, Adding Enterprise Data Management Software to its DevOps Portfolio
Perforce Software ("Perforce"), a provider of solutions to enterprise teams requiring productivity, visibility, and scale along the development lifecycle that is backed by Francisco Partners and Clearlake Capital Group, L.P. (together with its affiliates, " Clearlake "), announced today that it has signed a definitive agreement to acquire Delphix (or the "Company"). Delphix's industry-leading Data Management software platform enables scalable automation, governance, and compliance of enterprise data throughout the application lifecycle. Financial terms of the transaction were not disclosed.

Jan 18, 2024: Clearlake Completes Exit of its Investment in Janus International
Clearlake Capital Group, L.P. (" Clearlake " or "the Firm"), an investment firm focused on the industrials, technology, and consumer sectors, today announced that the Firm sold its remaining shares of Janus International Group, Inc. (NYSE: JBI) ("Janus" or the "Company") and fully exited its investment in December.

Dec 18, 2023: ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Alteryx, Inc.
Rowley Law PLLC is investigating potential securities law violations by Alteryx, Inc. (NYSE: AYX) and its board of directors concerning the proposed acquisition of the company by Clearlake Capital Group, L.P. and Insight Partners. Stockholders will receive $48.25 for each share of Alteryx stock that they hold. The transaction is valued at approximately $4.4 billion and is expected to close in the first half of 2024.

Dec 18, 2023: SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates AYX, PGTI, X
Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

Dec 18, 2023: Alteryx Enters into Definitive Agreement to Be Acquired by Clearlake Capital Group and Insight Partners for $4.4 Billion
 Alteryx, Inc. (NYSE: AYX), the Analytics Cloud Platform company, today announced that it has entered into a definitive agreement to be acquired by Clearlake Capital Group, L.P. (together with certain of its affiliates, " Clearlake ") and Insight Partners ("Insight"), two global private equity firms, in a transaction valued at $4.4 billion , including debt. Upon completion of the transaction, Alteryx will become a privately held company.

Dec 18, 2023: VICTORY LIVE ANNOUNCES REBRANDING INITIATIVE AND WELCOMES SATHISH GADDIPATI AS CHIEF TECHNOLOGY OFFICER
Victory Live (or the "Company"), a technology platform focused on sports and entertainment, event management, data, and ticketing software and solutions founded by industry veteran Sam Soni and backed by Clearlake Capital Group, L.P. (" Clearlake "), announced today a rebranding initiative and unveiled a refreshed visual identity. Concurrent with the rebranding, the Company also announced the appointment of Sathish Gaddipati as Chief Technology Officer (CTO).

Dec 12, 2023: HOONIGAN APPOINTS VANCE JOHNSTON AS PRESIDENT TO LEAD THE COMPANY IN ITS NEXT PHASE OF GROWTH AND ANNOUNCES RETIREMENT OF RANDY WHITE AS CEO
Hoonigan (the "Company"), a provider of high-performance aftermarket vehicle enhancements backed by Clearlake Capital Group, L.P. (together with its affiliates, " Clearlake "), today announced that the Company's Board of Directors (the "Board") has appointed Vance Johnston as President and Chief Operating Officer. In his new role, Johnston will report exclusively to the Board and will manage all aspects of Hoonigan's operations as the Company continues to execute its strategic vision.